Muda shares slump 22% on lower profit


KUALA LUMPUR: Shares in Muda Holdings Bhd plunged 22% to their lowest since early this month after the company reported a 13.45% year-on-year drop in earnings.

The corrugated carton maker is the third loser on Bursa Malaysia. It fell 22.34%, or 63 sen to RM2.19 with five million shares traded.

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